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Updated about 4 years ago on . Most recent reply

User Stats

37
Posts
5
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Robert Chad Yoder
  • Developer
  • Elkhart, IN
5
Votes |
37
Posts

License needed for wholesaling?

Robert Chad Yoder
  • Developer
  • Elkhart, IN
Posted

I’ve heard that in my state (Indiana) a license or new law is coming for wholesaling...

Most Popular Reply

User Stats

1,374
Posts
913
Votes
Adrien C.
  • Property Manager
  • Griffith, IN
913
Votes |
1,374
Posts
Adrien C.
  • Property Manager
  • Griffith, IN
Replied

It only helps to have it. You have access to real comps with the MLS. You have additional exit strategies if they don't like your wholesale price or can't accept it because they owe too much- list it. Give you more credibility because the dumbest agent has more credibility in the public's eye than the smartest wholesaler. Costs like $1500 a year to maintain and if you can make your money's worth with it, probably shouldn't do RE.

  • Adrien C.
  • Loading replies...